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ICE Brent Crude (Apr'23)

WTI, Brent higher on summer fuel demand

by Milton Acorn
WTI, Brent higher on summer fuel demand

Platform Eureka, an offshore oil and gas platform operated by Beta Operating Company LLC, off the coast of Long Beach, California, US, on Thursday, Nov. 2, 2023.  Tim Rue | …

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Categories Science

WTI, Brent head for third straight weekly loss

by Milton Acorn
WTI, Brent head for third straight weekly loss

Private fishing boats near offshore petroleum drilling rig in the Gulf of Mexico.  Ron Buskirk | Getty Images Crude oil futures were on pace Friday for a third straight weekly …

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Categories Science

WTI, Brent rise for second day

by Milton Acorn
WTI, Brent rise for second day

A pump jack drills oil crude from the Yates Oilfield in West Texas’s Permian Basin, near Iraan, Texas, U.S., March 17, 2023.  Bing Guan | Reuters Crude oil futures rose …

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Categories Science

WTI, Brent rebound after sell-off

by Milton Acorn
WTI, Brent rebound after sell-off

Yasir Al-Rumayyan, chairman of Saudi Arabian Oil Co. (Aramco), speaks during a news conference in Dammam, Saudi Arabia, on Sunday, Nov. 3, 2019.  Mohammed Al-Nemer | Bloomberg | Getty Images …

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Categories Science

WTI below $73 as OPEC+ to increase supply

by Milton Acorn
WTI below  as OPEC+ to increase supply

Platform Ellen and Elly, offshore oil and gas platforms operated by Beta Operating Company LLC, off the coast of Long Beach, California, US, on Thursday, Nov. 2, 2023.  Tim Rue …

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Categories Science

Oil prices little changed after OPEC+ extends output cuts

by Milton Acorn
Oil prices little changed after OPEC+ extends output cuts

The OPEC logo on the building of the Organization of the Petroleum Exporting Countries. Thomas Coex | Afp | Getty Images Crude oil futures were little changed on Monday as …

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Categories Science

WTI monthly loss ahead of OPEC+ meeting

by Milton Acorn
WTI monthly loss ahead of OPEC+ meeting

An offshore oil platform is seen at sunset near Huntington Beach, California, on Feb. 9, 2024. David Mcnew | Getty Images U.S. crude oil was on pace Friday for its …

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Categories Science

Exxon trouncing Salesforce since software stock replaced oil giant in the Dow four years ago

by Milton Acorn
Exxon trouncing Salesforce since software stock replaced oil giant in the Dow four years ago

An Exxon gas station sign is seen in the Brooklyn borough of New York City, on Oct. 6, 2023. Michael M. Santiago | Getty Images Four years ago, Exxon Mobil’s …

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Categories Science

U.S. crude oil falls 3.2% in May, on pace for worst month of the year

by Milton Acorn
U.S. crude oil falls 3.2% in May, on pace for worst month of the year

An oil pumpjack is pictured in the Permian Basin in the Loco Hills regions, New Mexico, on April 6, 2023. Liz Hampton | Reuters U.S. crude oil was little changed …

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Categories Science

WTI rises ahead of OPEC+ production meeting

by Milton Acorn
WTI rises ahead of OPEC+ production meeting

The sun sets behind a pumpjack during a gusty night in Fort Stockton, Texas, March 24, 2024. Brandon Bell | Getty Images U.S. crude oil gained more than 1% on …

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Categories Science
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